The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Monday): 15,656 (-1.2%)
Turnover: EGP 778 mn (19% below the 90-day average)
EGX 30 year-to-date: +4.2%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.2%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were Madinet Nasr Housing up 0.9%, Abu Dhabi Islamic Bank up 0.3%, and Egyptian Iron & Steel up 0.3%. Yesterday’s worst performing stocks were EFG Hermes down 4.1%, ACC down 3.9%, and Juhayna down 3.6%. The market turnover was EGP 778 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -21.0 mn
Regional: Net Long | EGP +15.9 mn
Domestic: Net Long | EGP +5.2 mn
Retail: 44.0% of total trades | 43.0% of buyers | 45.1% of sellers
Institutions: 56.0% of total trades | 57.0% of buyers | 54.9% of sellers
Foreign: 50.0% of total | 48.6% of buyers | 51.4% of sellers
Regional: 4.5% of total | 5.5% of buyers | 3.5% of sellers
Domestic: 45.5% of total | 45.8% of buyers | 45.2% of sellers
WTI: USD 68.07 (+0.01%)
Brent: USD 72.27 (+0.60%)
Natural Gas (Nymex, futures prices) USD 2.77 MMBtu, (+0.36%, August 2018 contract)
Gold: USD 1,241.00 / troy ounce (+0.10%)
TASI: 8,490.75 (+1.02%) (YTD: +17.50%)
ADX: 4,747.09 (+1.08%) (YTD: +7.93%)
DFM: 2,919.46 (+0.67%) (YTD: -13.37%)
KSE Premier Market: 5,389.11 (+0.99%)
QE: 9,439.97 (+1.06%) (YTD: +10.75%)
MSM: 4,448.77 (-0.18%) (YTD: -12.76%)
BB: 1,351.87 (+0.60%) (YTD: +1.51%)